Ferrellgas Appoints New Chief Financial Officer
September 22 2017 - 7:30AM
Ferrellgas Partners, L.P. (NYSE:FGP) today announced the
appointment of Doran Schwartz as Chief Financial Officer, effective
October 16, 2017. Schwartz will report to Ferrellgas President and
Interim Chief Executive Officer Jim Ferrell and serve as a member
of the company’s Executive Leadership Committee.
Prior to joining Ferrellgas, Mr. Schwartz, 48, served as Vice
President and Chief Financial Officer of MDU Resources Group, Inc.
(NYSE:MDU), a diversified energy and infrastructure company based
in Bismarck, ND, from February 2010 to 2017, and was Vice President
and Chief Accounting Officer at MDU from September 2005 to February
2010. He holds a Bachelor of Science in Business Administration
from Moorhead State University, a Master of Business Administration
(MBA) with an emphasis in Finance from the University of
Wisconsin-Whitewater, and a Bachelor of Arts in Accounting from the
University of Northern Iowa. He has also earned his Certified
Public Accountant (CPA) designation.
“Doran is a seasoned finance leader who we are eager to welcome
to the team,” said Ferrellgas President and Interim CEO, Jim
Ferrell. “We are confident that he will be a valuable asset to our
company as we continue to improve operational efficiency and drive
business results.”
Schwartz will succeed current CFO Al Heitmann after Heitmann’s
retirement on January 31, 2018. In order to facilitate an orderly
transition of responsibilities, Mr. Heitmann will remain employed
by the company as a special advisor from October 16, 2017 until his
anticipated retirement date of January 31, 2018.
Said Heitmann, “It’s been a pleasure to get to know Doran and I
have a high degree of confidence in him. I know that everyone in my
organization joins me in welcoming him to Ferrellgas and is excited
to help him write our next chapter.”
About Ferrellgas
Ferrellgas Partners, L.P., through its operating partnership,
Ferrellgas, L.P., and subsidiaries, serves propane customers in all
50 states, the District of Columbia, and Puerto Rico, and provides
midstream services to major energy companies in the United States.
Ferrellgas employees indirectly own 22.8 million common units of
the partnership, through an employee stock ownership
plan. Ferrellgas Partners, L.P. filed a Form 10-K with the
Securities and Exchange Commission on September 28, 2016. Investors
can request a hard copy of this filing free of charge and obtain
more information about the partnership online at
www.ferrellgas.com.
Contacts
Jack Herrold, Investor Relations – jackherrold@ferrellgas.com,
913-661-1851
Jim Saladin, Media Relations – jimsaladin@ferrellgas.com,
913-661-1833
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